Four crypto entrepreneurs who have left China talk about their experiences and hopes, a year after the government cracked down on the domestic industry.
A little over a year ago, China declared all cryptocurrency transactions illegal, the final salvo in a crackdown that had been gathering pace for years.
The government’s move sent convulsions through the local crypto industry, with everything from Bitcoin mining to trading slumping. According to its central bank, China went from accounting for some 90% of global Bitcoin transactions to just 10%.
Read Full Story: https://www.bloomberg.com/news/articles/2022-10-10/china-s-crypto-emigres-in-...
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